June 08, 2016
Nigeria: AfDB Approves U.S. $ 150-Million Line of Credit to Nigeria's United Bank for Africa PLC
The Board of Directors of the African Development Bank Group (AfDB) through its private sector window has approved a USD 150-million line of credit (LOC) to United Bank for Africa… Read more »
June 07, 2016
Uganda: AfDB-Funded Water and Sanitation Project to Improve Lives in Uganda
Commissioning the Ntungamo Water Supply and Sanitation System Read more »
June 06, 2016
Africa: Bank Strengthens Nordic Partnerships - "Our Priorities Are Aligned"
The Bank strengthens its longstanding partnerships with the Nordic countries this week as its President, Dr Akinwumi Adesina, visits Norway, Denmark, Finland and Sweden. Read more »
June 02, 2016
Africa: A Postscript to the 2016 Annual Meetings: Building on the Momentum, and Looking Ahead with the High 5s
"We are agents of change and we have an agenda for change, and that agenda is called the High 5s" Read more »
June 01, 2016
Gambia: The Gambia Awarded U.S. $1.5 Million to Undertake a Sweeping Strategic Program for Climate Resilience
With support from the African Development Bank (AfDB), The Gambia has been granted US $1.5 million under the Climate Investment Funds' Pilot Program for Climate Resilience (CIF… Read more »
May 31, 2016
Malawi: AfDB, Malawi Ink U.S. $1-Million Humanitarian Assistance Grant Agreement
The African Development Bank and the Government of the Republic of Malawi signed a grant agreement for a humanitarian emergency assistance to mitigate the effects of the 2015… Read more »
Africa: Bank Group Hosts 7th Debt Management Facility Stakeholders' Forum
The African Development Bank Group is hosting the 7th Debt Management Facility (DMF) Stakeholders' Forum on May 30-31, 2016 in Lusaka, Zambia, on the heels of the Bank's 2016… Read more »
May 28, 2016
Africa: Japanese Investors and Partners Recognize Huge Potential of African Continent
The challenges facing Africa shouldn't be recognized with pessimism, but must be seen as investment opportunities, says the Head of the Africa Development Bank's (AfDB) External… Read more »
Africa: African Governments Urged to Shift Policy in the Energy Sector
African governments have been called upon to consider shifting policy in the energy sector by investing in industrialisation and providing subsidies on electricity for people in… Read more »
Africa: Partnership to Address Infrastructure Challenges in Africa
Three international firms have partnered to help address infrastructure challenges in Africa through investments in equity projects. Read more »
Africa: AfDB Reaffirms Supporting Climate Resilient and Low-Carbon Development in Africa
The African Development Bank has reaffirmed its commitment to mobilize resources to help African countries adopt and mitigate climate change. Read more »
Africa: AfDB's High 5s Agenda Gets Backing From African Civil Society Organizations At Closure of 2016 Annual Meetings
African Civil Society Organizations (CSOs) have announced, in a joint statement, that they will closely work with and support the African Development Bank in delivering the 'High… Read more »
Africa: Africa Should Take the Lead in Reducing Industrial Emissions, Panel Hears
The African Development Bank (AfDB) has challenged Africa to take the lead in implementing strategies to effectively end carbon emissions in the global process of manufacturing… Read more »
May 27, 2016
Africa: President Adesina Reaffirms Commitment to Support African Youth Entrepreneurship
With almost 200 million people between the ages of 15 and 24, the African continent boasts the youngest population in the world. By 2045, that figure is expected to double. Read more »
Africa: Africa, "Workshop of the World" - Manufacturing Strategies to Unleash a Continent
Africa's share of manufacturing in GDP is less than half of the average for all developing countries. On Thursday, May 26, a panel discussion, "Africa - Workshop of the World", was… Read more »
Africa: Goodbye, Lusaka - On to Ahmedabad - Curtain Falls On AfDB's 2016 Annual Meetings
The 51st Annual Meetings of the African Development Bank (AfDB) and the 42nd Meetings of the Board of Governors of the African Development Fund (ADF) wound up on Friday, May 27,… Read more »
Africa: United States Urges More African Countries to Join 'Partnership Against Illicit Finance'
More African countries should sign-up to the 'Partnership on Illicit Finance' (PIF), an initiative formed in July 2014 during the US-Africa leaders' summit. That was the call made… Read more »
Africa: African Legal Support Facility Launch Energy Project Financing Resource Handbook
Sixtus Vusi, Chairman of the African Legal Support Facility, launches the handbook Understanding Power Project Financing. Read more »
Zambia: AfDB to Support Zambia in Development of Renewable Energy Projects
Zambian Minister of Energy and Water Development, Dora Siliya, announced that her Ministry will in the next fortnight meet African Development Bank (AfDB) Resident Representative… Read more »
Africa: Partnership On Illicit Finance Launch Event
Members of the Partnership on Illicit Finance (PIF) met alongside the African Development Bank at the Bank's Annual Meetings in Lusaka, Zambia, to publish national action plans to… Read more »
Africa: African Risk Capacity and AfDB Sign MOU to Enable African Countries to Respond to Extreme Weather Events and Natural Disasters
The African Risk Capacity has taken major steps towards its goal of providing US $2 billion worth of annual climate disaster coverage to Africa's most vulnerable populations. Read more »
May 26, 2016
Africa: Is It What They Need? Experts Debate AfDB's New Affirmative Finance Action for Women in Africa
Three women each with a large basket full of fresh fruits, sat under the shade of a wide signpost just outside the main gate of Mulungushi International Conference Centre where the… Read more »
Africa: AfDB Plans to Expand Its Trade Finance Portfolio Across the Continent
The African Development Bank is planning to expand its trade finance products across the continent in the coming years as it seeks to bridge the existing funding gap to support… Read more »
Cameroon: AfDB and Cameroon Sign $1.726-Million Grant From the Global Environment Facility for Environmental Adaptation of Broadband Development
On Thursday, May 26, 2016 the African Development Bank Group (AfDB) and the Government of the Republic of Cameroon signed an agreement under which the Global Environment Facility… Read more »
Africa: World Leaders, Private Sector Endorse AfDB's "New Deal On Energy"
Influential world leaders and senior business executives have endorsed President Akinwumi Adesina's "New Deal on Energy", a vehicle through which the African Development Bank… Read more »
